ZEC / USDT
Timeframe for main analysis: 15m – 1h
Trend:
• Current trend: Short-term Bullish Recovery
• Important price levels: Sup: 325.00 – 328.00 | Res: 350.00 – 355.00
Liquidity Map:
• Liquidity above: 355.00 (Most recent Swing High)
• Liquidity below: 316.00 (Low of the Asian/European session)
• Liquidity hunting potential: Potential retest of the Pivot area 328-330 to accumulate before a rise.
Funding & OI:
• Current Funding: Neutral
• OI increase/decrease, signal: OI slightly recovering from the low area, Short taking profits.
Technical Indicators:
• RSI: 53 (Neutral – Uptrend has room to grow)
• MACD: Histogram turning positive (1h), short-term buy signal.
• Volume: Stable, with buying pressure at 320.
Trade Setup:
• Entry: 330.00 – 333.00
• Take Profit (TP): 348.00 – 352.00
• Stop Loss (SL): 323.00
• Bias: LONG
click here to trade:
• Reason: RSI exiting the oversold zone, Price Action forming higher lows on H1, benefiting from the general rebound of Altcoins.
Risk Note:
Maintain SL discipline. ZEC has lower liquidity than Major, be cautious of slippage.